Carpe Ventures Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12225062 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2020 TO 29 SEPTEMBER 2021

FOR

CARPE VENTURES LTD

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

J M Sobey

REGISTERED OFFICE:

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

REGISTERED NUMBER:

12225062 (England and Wales)

ACCOUNTANTS:

Cardens Accountants and Business Advisors Limited

The Old Casino

28 Fourth Avenue

Hove

East Sussex

BN3 2PJ

FIXED ASSETS

-

40

CURRENT ASSETS

876,825

27,560

CREDITORS

Amounts falling due within one year

(878,564

)

(28,436

)

NET CURRENT LIABILITIES

(1,739

)

(876

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,739

)

(836

)

CAPITAL AND RESERVES

(1,739

)

(836

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the period was NIL (2020 - NIL).

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 29 September 2021 and 30 September 2020:

2021

2020

£

£

J M Sobey

Balance outstanding at start of period

100

-

Amounts advanced

-

100

Amounts repaid

(80,700

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(80,600

)

100

This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

3.	POST BALANCE SHEET ARRANGEMENTS

Prior to the balance sheet date and to the approval of these accounts an outbreak of the COVID-19 virus occurred causing a global pandemic recognised by the World Health Organisation (WHO).

The effect of UK Government measures to limit the spread of the virus have been widespread, urging people to remain at home wherever possible, including to work from home if available and to undertake "social distancing" measures. Part of the government action has been to order businesses where people gather socially to close temporarily At the date of the approval of these accounts, the majority of restrictions have been lifted and businesses allowed to operate as usual.

In response to this, management of the company have assessed the impact of these measures and deemed no adjustment required to the financial statements as a result of this event.

The directors continue to monitor the situation as it rapidly changes and will react to further developments.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 22 September 2022 and were signed by:

J M Sobey - Director